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Kremlin: seizure of Western assets is retaliatory move, could be expanded
CGTN

The Kremlin on Wednesday said Moscow's move to take temporary control of the assets of Finnish energy group Fortum and its former German subsidiary Uniper was in retaliation for what it called the illegal seizure of Russian assets abroad.

Russian President Vladimir Putin late on Tuesday signed a decree establishing temporary control of the Russian assets of the two European state-owned energy firms.

Kremlin spokesman Dmitry Peskov told reporters the decree did not concern ownership, just the power to manage the assets. He said the measure could be expanded to other assets if necessary. 

Source(s): Reuters

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